政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/4161

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | Items with full text/Total items : 113648/144635 (79%)
Visitors : 51662960 Online Users : 514

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer

政大機構典藏 > 商學院 > 財務管理學系 > 國科會研究計畫 > Item 140.119/4161

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/4161

Title:	股票需求彈性對公司財務決策的影響(1/2)
Other Titles:	Demand Elasticity for Common Stock and Corporate Financial Decisions
Authors:	劉玉珍
Keywords:	財務決策;股票需求彈性;新上市股票;普通股 Financial decision;Demand elasticity for stock;Initial public offering (IPO);Common stock
Date:	2000
Issue Date:	2007-04-18 16:42:00 (UTC+8)
Publisher:	臺北市：國立政治大學財務管理學系
Abstract:	This study attempts to look for a linkage between trading mechanisms and corporate finance, focusing on the placement of new issues. We examine the choice of IPO methods and price elasticity. Empirical evidence generally supports that demand curves for financial assets are not perfectly elastic, hence the price elasticity may become a determinant for corporate decisions. The availability of alternative IPO methods in the Taiwan stock market provides us a laboratory examination in comparing the auction methods versus public offer when corporate managers decide to equity offers. It extends the work of Hodrick (1999) on examining various equity offering methods and financial decisions. Specifically, Hodrick examines supply elasticity from the cases of tender offer, while we attempt to analyze demand elasticity of common stocks from IPO cases. Our results indicate that demand elasticity is an important factor when determining the IPO method.
Description:	核定金額：560800元
Data Type:	report
Appears in Collections:	[財務管理學系] 國科會研究計畫

Files in This Item:

File	Description	Size	Format
892416H004055.pdf		1785Kb	Adobe PDF2	775	View/Open

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

Loading...